The answer is B. accurately reflect the change in production.
The company probably uses the multidomestic strategy.
<h3><u>
What is a multidomestic strategy?</u></h3>
- A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
- Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
- The structure of multinational corporations is described by an alternative use of the phrase.
- International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.
Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.
Know more about multidomestic strategy with the help of the given link:
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Answer:
marketing strategy
Explanation:
Based on the scenario being described within the question it can be said that the term that is being described is known as a marketing strategy. like mentioned in the question this is a business's overall game plan which they have designed in order to reach their target market and turn them into consumers of their products so that the company may increase profits. This is done by using many different factors such as price, promotion, and distribution system etc.
Answer:
The question is missing the amount of output units that each additional unit of labor generates, but we can calculate how many units each additional unit of labor should produce in order to maximize profit.
In order for a firm to maximize its profit, the marginal revenue product (MRP) = marginal cost (MC).
MRP = output units per additional unit of labor x price per unit = U x $9
MC = $700
U x $9 = $700
U = $700 / $9 = 77.78, so we round up to 78 units
In order to maximize profit, each additional unit of labor must generate 78 additional units of output.
